Anyone have any issues with speed of order execution with Optionshouse? Also, I keep reading lots of negative data concerning a three day settlement on Optionshouse trades that prevents many from executing additional trades based on the "wait" period. Can anyone shed light on this before I fund a new account with them?
Optionshouse
- Thread starter Coderblix
- Start date
is the T+3 b/c the trader didn't sign up for a margin account?
I don't have any problem with execution speed at OH.
If you have a margin account, you can trade as many times as you want within your DTBP (daytrade buying power). However, if you exceed your DTBP, you have to put up more margin by the amount you exceeded. I actually had more problem with eOption not being able to buy into a position after exiting another position. I had to wait until the next trading day to enter that position for eOption.
If you have a margin account, you can trade as many times as you want within your DTBP (daytrade buying power). However, if you exceed your DTBP, you have to put up more margin by the amount you exceeded. I actually had more problem with eOption not being able to buy into a position after exiting another position. I had to wait until the next trading day to enter that position for eOption.